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Singapore’s Straits Times Index climbed 1.2% to 3,181.94 at the close, the most since Nov. 8. Almost eight stocks rose for each that fell in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 15.4 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Shares on the measure trade at an average 15.4 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Palm-oil suppliers: Crude palm-oil futures for February delivery increased as much as 2.6% in Kuala Lumpur today.
Golden Agri-Resources (GGR SP), the world’s second- biggest palm-oil producer, climbed 2.1% to 74 cents. Indofood Agri Resources (IFAR SP), the palm-oil unit of Indonesia’s biggest noodle maker, advanced 3% to $2.73. Wilmar International (WIL SP), the world’s largest palm-oil trader, gained 0.5% to $6.05.
